Realtor® Organizational Structure
The local association is the most visible and best-known component of the REALTOR® organization. It is at this level that members can actively participate on a regular basis and contribute to achieve common goals to better the industry.
The following list of activities provides a partial picture of a local association’s function:
Provides the organization, administration, and execution of REALTOR® policy
Provides a headquarters or “place” for REALTORS® to discuss plans and to implement policy in which they are in agreement.
Elects its leadership and selects its chairpersons to execute final decisions.
Grants use of the terms REALTOR® to eligible members and ensures proper use of term.
Provides educational meetings and seminars on real estate topics.
Enforces the NAR Code of Ethics and provides an arbitration process for contractual disputes between REALTORS® and between REALTORS® and their clients. (A professional standards committee is charged with such responsibility, subject to provisions of the bylaws, and the control of the Board of Directors.)
Is the collective voice of all its members, by virtue of electing—through democratic processes—its officers and directors, by appointing REALTORS® to its committees, by having membership meetings, and by entertaining suggestions and complaints.
Provides training in public service and organized real estate through service on committees and in elective positions.
Provides, through tested and proven service on the local association level, an opportunity for service on the state and national level.
Organizes and maintains the important function of cooperative business practices, such as a Multiple Listing Service (MLS).